updated 2026-07-24 09:49 UTC
WFC — oversold signal, 12 Feb
short term
4.4 RSI(2)
37.7 RSI(14)
86.29 close $ on flag day
−9.3% off 20-day high
17.4M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 12 Feb 86.29 91.15 +0.0% 13 Feb 86.98 89.75 +0.8% 17 Feb 87.40 88.31 +1.3% 18 Feb 88.56 87.64 +2.6% 19 Feb 87.57 87.36 +1.5% 20 Feb 88.70 87.84 +2.8% 23 Feb 85.15 87.48 -1.3% 24 Feb 84.57 86.91 -2.0% 25 Feb 86.76 86.55 +0.5% 26 Feb 86.30 86.30 +0.0% 27 Feb 81.45 84.85 -5.6%
The rule flags the close; the
strategy's exit is the first close above the 5-day average, or six trading
days, whichever comes first. Shown for research — not every flag is traded.
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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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